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Trump Proposes U.S. Strategic Cryptocurrency Reserve to Bolster Economic Stability

The plan includes Bitcoin and other cryptocurrencies, aiming to position the U.S. as a leader in digital assets despite concerns over volatility and funding challenges.

  • President Donald Trump announced a proposal to establish a U.S. strategic cryptocurrency reserve, including Bitcoin, Ethereum, Solana, XRP, and Cardano.
  • The initiative seeks to diversify national reserves, hedge against monetary instability, and integrate digital assets into the U.S. financial system.
  • Critics highlight the risks of cryptocurrency volatility and the potential cost of building such a reserve, with Bitcoin alone currently valued at over $109,000 per coin.
  • The U.S. government already holds approximately 198,109 Bitcoin, largely seized from criminal activities, which could serve as a starting point for the reserve.
  • The proposal faces political and financial hurdles, including a lack of congressional support and skepticism about its strategic benefits and implementation feasibility.
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